When Shannon Moroney married Jason Staples in October 2005, she had no idea that her happy life as a newlywed was about to come crashing down around her. One month after her wedding, a police officer arrived at her door with the news that her husband had been arrested and charged with the brutal sexual assault and kidnapping of two women, taking them to the house he shared with Shannon to commit the acts of violence. In the aftermath of the crimes, Shannon dealt with a heavy burden of grief, the stress and publicity of a major criminal investigation, and the painful stigma of guilt by association - all the while attempting to understand what had made Jason commit such violence. In this intimate and gripping journey into the human heart, Shannon reveals the far-reaching impact of Jason's crimes and the agonizing choices faced by the loved ones of offenders. She also tells the powerful story of how she made the amazing transition from being a member of the 'trauma club' to completely rebuilding her life. This is an impassioned, harrowing and ultimately hopeful story of one woman's pursuit of justice, forgiveness and healing.
A remarkably compelling and harrowing story of love and betrayal and one woman’s pursuit of justice, redemption, and healing. “One month into our marriage, my husband committed horrific violent crimes. In that instant, the life I knew was destroyed. I vowed that one day I would be whole again. This is my story.” An impassioned, harrowing, and ultimately hopeful story of one woman’s pursuit of justice, forgiveness, and healing. When Shannon Moroney got married in October 2005, she had no idea that her happy life as a newlywed was about to come crashing down around her. One month after her wedding, a police officer arrived at her door to tell her that her husband, Jason, had been arrested and charged in the brutal assault and kidnapping of two women. In the aftermath of these crimes, Shannon dealt with a heavy burden of grief, the stress and publicity of a major criminal investigation, and the painful stigma of guilt by association, all while attempting to understand what had made Jason turn to such violence. In this intimate and gripping journey into prisons, courtrooms, and the human heart, Shannon reveals the far-reaching impact of Jason’s crimes and the agonizing choices faced by the loved ones of offenders. In so doing, she addresses the implicit dangers of a correctional system and a society that prioritize punishment over rehabilitation and victimhood over recovery.
When Shannon Moroney married Jason Staples in October 2005, she had no idea that her happy life as a newlywed was about to come crashing down around her. One month after her wedding, a police officer arrived at her door with the news that her husband had been arrested and charged with the brutal sexual assault and kidnapping of two women, taking them to the house he shared with Shannon to commit the acts of violence. In the aftermath of the crimes, Shannon dealt with a heavy burden of grief, the stress and publicity of a major criminal investigation, and the painful stigma of guilt by association - all the while attempting to understand what had made Jason commit such violence. In this intimate and gripping journey into the human heart, Shannon reveals the far-reaching impact of Jason's crimes and the agonizing choices faced by the loved ones of offenders. She also tells the powerful story of how she made the amazing transition from being a member of the 'trauma club' to completely rebuilding her life. This is an impassioned, harrowing and ultimately hopeful story of one woman's pursuit of justice, forgiveness and healing.
A remarkably compelling and harrowing story of love and betrayal and one woman’s pursuit of justice, redemption, and healing. “One month into our marriage, my husband committed horrific violent crimes. In that instant, the life I knew was destroyed. I vowed that one day I would be whole again. This is my story.” An impassioned, harrowing, and ultimately hopeful story of one woman’s pursuit of justice, forgiveness, and healing. When Shannon Moroney got married in October 2005, she had no idea that her happy life as a newlywed was about to come crashing down around her. One month after her wedding, a police officer arrived at her door to tell her that her husband, Jason, had been arrested and charged in the brutal assault and kidnapping of two women. In the aftermath of these crimes, Shannon dealt with a heavy burden of grief, the stress and publicity of a major criminal investigation, and the painful stigma of guilt by association, all while attempting to understand what had made Jason turn to such violence. In this intimate and gripping journey into prisons, courtrooms, and the human heart, Shannon reveals the far-reaching impact of Jason’s crimes and the agonizing choices faced by the loved ones of offenders. In so doing, she addresses the implicit dangers of a correctional system and a society that prioritize punishment over rehabilitation and victimhood over recovery.
Business Valuation Discounts and Premiums SECOND EDITION Discounts and premiums do not just affect the value of a company; they play a crucial role in influencing a host of other factors and conditions that can make or break a deal. When it comes to business valuations, it's the business appraiser's responsibility to be intimately knowledgeable with every aspect of discounts and premiums: the different types, the situations when they may or may not apply, and how to quantify them. In this newly updated edition of Business Valuation: Discounts and Premiums, Shannon Pratt—one of the nation's most recognized and respected business valuation consultants—brings together the latest collective wisdom and knowledge about all major business discounts and premiums. Addressing the three basic approaches to conducting a valuation—the income approach, the market approach, and the asset approach—Shannon Pratt deftly and logically details the different discounts or premiums that may be applicable, depending on the basic valuation approach used, and how the valuation approaches used affect the level. Clearly written and thorough, Business Valuation: Discounts and Premiums, Second Edition provides business appraisers, accountants, attorneys, and business owners with an arsenal of information for their professional toolkit that can be applied to every major evaluation case they might face in any deal. This updated edition features timely, comprehensive coverage on: Strategic acquisitions Extensive empirical data Pre-IPO marketability discount studies Merger and acquisition negotiations, empirical evidence from completed transactions, and positions taken by courts in litigations Strategic acquisition premiums Studies on minority discounts Detailed, authoritative, and complete in its coverage, Business Valuation: Discounts and Premiums, Second Edition gets to the core of one of the more complex challenges faced by business appraisers, and arms readers with the understanding and techniques needed to successfully meet and exceed their job expectations.
This is a practical guide that will help lawyers and judges assess the qualifications of a business appraiser and the reliability of the information presented, and will enable them to work with valuation issues more efficiently and effectively.
Business Valuation and Federal Taxes Procedure, Law, and Perspective SECOND EDITION Combining the expert knowledge of Senior Judge David Laro and Shannon Pratt, Business Valuation and Federal Taxes, Second Edition presents the authors' decades of experience, with advice on everything practitioners need to know about the relationship between federal taxes and valuation, and specifically valuations relating to business interests. This reference features indepth examinations of numerous topics that are particularly important to practitioners and explores a broad understanding of the basic knowledge needed to appreciate business valuation. Valuators, CPAs consulting on valuations, attorneys, corporate development officers, and intermediaries on business valuation will benefit from insightful discussions on topics ranging from general definitions to valuing complex business interests, as well as new discussions of: Personal versus enterprise goodwill New materials on transfer pricing and customs valuations and how recent markets have affected both the income and market approaches Coverage of FAS 157 and the many changes to penalties and sanctions affecting both taxpayers and appraisers Several important new court cases Coverage is also included on standards of business valuation, IRS positions, burden of proof in valuation controversies, questions to ask business valuation experts, economic and industry analysis, and tax-affecting passthrough entities. Complete with a full overview of the laws, procedures, and approaches related to business valuation, this invaluable reference is a wellspring of vital information on valuation approaches, techniques, finance-related issues, burden of proof, standards, choice of entity, and much more.
A one-stop shop for background and current thinking on the development and uses of rates of return on capital Completely revised for this highly anticipated fifth edition, Cost of Capital contains expanded materials on estimating the basic building blocks of the cost of equity capital, the risk-free rate, and equity risk premium. There is also discussion of the volatility created by the financial crisis in 2008, the subsequent recession and uncertain recovery, and how those events have fundamentally changed how we need to interpret the inputs to the models we use to develop these estimates. The book includes new case studies providing comprehensive discussion of cost of capital estimates for valuing a business and damages calculations for small and medium-sized businesses, cross-referenced to the chapters covering the theory and data. Addresses equity risk premium and the risk-free rate, including the impact of Federal Reserve actions Explores how to use Morningstar's Ibbotson and Duff Phelps Risk Premium Report data Discusses the global cost of capital estimation, including a new size study of European countries Cost of Capital, Fifth Edition puts an emphasis on practical application. To that end, this updated edition provides readers with exclusive access to a companion website filled with supplementary materials, allowing you to continue to learn in a hands-on fashion long after closing the book.
Your Best Approach to Determining Value If you're buying, selling, or valuing a business, how can you determine its true value? By basing it on present market conditions and sales of similar businesses. The market approach is the premier way to determine the value of a business or partnership. With convincing evidence of value for both buyers and sellers, it can end stalemates and get deals closed. Acclaimed for its empirical basis and objectivity, this approach is the model most favored by the IRS and the United States Tax Court-as long as it's properly implemented. Shannon Pratt's The Market Approach to Valuing Businesses, Second Edition provides a wealth of proven guidelines and resources for effective market approach implementation. You'll find information on valuing and its applications, case studies on small and midsize businesses, and a detailed analysis of the latest market approach developments, as well as: A critique of US acquisitions over the last twenty-five years An analysis of the effect of size on value Common errors in applying the market approach Court reactions to the market approach and information to help you avoid being blindsided by a litigation opponent Must reading for anyone who owns or holds a partial interest in a small or large business or a professional practice, as well as for CPAs consulting on valuations, appraisers, corporate development officers, intermediaries, and venture capitalists, The Market Approach to Valuing Businesses will show you how to successfully reach a fair agreement-one that will satisfy both buyers and sellers and stand up to scrutiny by courts and the IRS.
With the range of security challenges confronting the United States in the 21st century, characterized by competition by both state and nonstate actors, the importance of working with allies and partners to address common challenges is paramount. Deeper examination of the relative effectiveness of U.S. security sector assistance and how it must nest in a broader foreign policy strategy, including good governance, human rights, and rule of law principles, is required. Improving oversight and accountability in U.S. security sector assistance with partners are at the core of ongoing security assistance reform efforts to ensure that U.S. foreign policy objectives are met and in accordance with U.S. interests and values. This report examines key areas in security sector programming and oversight where the U.S. Departments of Defense and State employ accountability mechanisms, with the goal of identifying ways to sharpen and knit together mechanisms for improving accountability and professionalism into a coherent approach for partner countries.
Disputes over valuation issues fill the court's dockets and for good reason, fair market valuations are required frequently by the law. The authors believe that approximately 243 sections of the Code and several thousand references in the Regulations explicitly require fair market value determination. Consequently, taxpayers file an estimated 15 million tax returns each year reporting an event involving a valuation related issue. It is no mystery, therefore, why valuation cases are ubiquitous. Today, valuation is an important and highly sophisticated process. Valuators need legitimate guidance to perform their work. The objective of this book is to provide knowledge, and guidance to those who do the valuations as well as those who are affected by them. This unprecedented text provides: Clear guidance and perspective on business valuation from two of the nation’s top authorities, Hon. David Laro and Dr Shannon Pratt. Insightful perspective and discussion on critical issues, procedures and law pertaining to business valuation. An overview of business valuation procedures Law and techniques of Fair Market Value Opinion from the Hon. David Laro and Dr. Shannon Pratt who express their unique and critical views. The business valuer with everything from the basics to the sophisticated. From definitions to valuing complex business interests, what you need to know about business valuation. Everything from empirical market evidence to credible expert business valuation testimony discussed and analyzed by the Hon. David Laro and Dr. Shannon Pratt.
Sample exam questions and updated information on the latest developments in the field for valuation candidates and professionals Includes questions and exercises that typically appear on accreditation exams Covers the most frequently encountered errors on reports and in examinations Reflects the latest business valuation developments, viewpoints, court case references, and data resources Contains hundreds of multiple-choice and true/false questions, short problems, and fill-in-the-blank questions Includes eight hours of CPE credit through a self-study examination A companion to Shannon Pratt’s Business Valuation Body of Knowledge, Second Edition or a stand-alone resource, the Business Valuation Body of Knowledge Workbook, Second Edition keeps ABV, ASA, CBA, and CVA candidates and current practitioners up to speed on the latest developments in this constantly changing discipline. Order your copy today!
Capitalize on All the Latest Legal, Financial, and Compliance Information Needed to Analyze and Appraise Any Business For over 25 years, Valuing a Business has provided professionals and students with expert business valuation information, offering clear, concise coverage of valuation principles and methods. Over the decades, the book's unsurpassed explanations of all valuation issues have made it the definitive text in the field, against which every other business valuation book is measured. Now updated with new legal, financial, and compliance material, the Fifth Edition of Valuing a Business presents detailed answers to virtually all valuation questions_ranging from executive compensation and lost profits analysis...to ESOP issues and valuation discounts. Written by Shannon Pratt, one of the world's leading authorities on business valuation, this updated classic offers a complete “one-stop” compendium of information on the full range of valuation concepts and methods. Valuing a Business contains step-by-step discussions and analyses of: Business Valuation Standards and Credentials Defining the Assignment Business Valuation Theory and Principles Gathering Company Data Site Visits and Interviews Researching Economic and Industry Information Analyzing Financial Statements Financial Statement Ratio Analysis Income, Market, and Asset-Based Approaches to Valuation The Capitalized Excess Earnings Method Premiums and Discounts Writing and Reviewing Business Valuation Reports Valuing Debt Securities, Preferred Stock, Stock Options, and S Corporation Stock Valuations for Estate and Gift Tax Purposes Buy-Sell Agreements Valuations for Income Tax Purposes Valuation with Employee Stock Ownership Plans Valuations for Ad Valorem Taxation Dissenting Stockholder and Minority Oppression Actions Valuations for Marital Dissolution Purposes Litigation Support Services Expert Testimony Arbitration and Mediation This landmark reference also presents a wealth of recent court cases for each valuation area, which together provide a comprehensive overview of all the legal rulings and trends in the field of business valuation.
Accurately analyze and appraise any business with the most trusted guide to valuation Originally published more than 40 years ago, Valuing a Business set the standard for excellence in the appraisal field and is the world's most respected valuation reference. This edition reflects the substantial advances in the tools and sophistication in business valuation, as well as new appraisal standards and regulations that have evolved since it was last published in 2008. These advances fall broadly into three categories: Increasing consensus among the valuation professional organizations on standards, methodology, and terminology Updated appraisal rules, regulations, standards and guidance issued by governmental, or quasigovernmental, and professional bodies Major advances in the quantity, quality, and accessibility of empirical data available to support business valuation conclusions Valuing a Business provides thorough coverage and step-by-step analyses of virtually every topic important to you, including standards and credentials, valuation theory and principles, gathering data, site visits, financial statement analysis, writing reports, buy-sell agreements, litigation support services, and much more. This landmark resource is a complete one-stop compendium of information on the full range of valuation concepts and methods.
Four years ago tragic events changed Alex Garrison's life forever. She has been running away from it and trying to put the past behind her. She changes her name, moves to a new town, and even starts a new career. Just when she feels that she can move on with her life, her past comes back to haunt her. Her best friend, Greg, appears out of the blue and constantly reminds her of what she did four years ago. During her personal venture for freedom, she gives in to her attraction to a married man. When a violent stalker sets his sights on her, she finds love in an unlikely place. But who wants her love so much, that he is willing to kill her for of it?
Fourteen-year-old Doreen Green's work as a superhero leads to problems with her life in middle school, but when a new shopping mall creates turmoil between two towns, Squirrel Girl is on the case.
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